Saturday, February 11, 2012

Flipkart to acquire LetsBuy.com, letsBuy from Flipkart

The two online markets in India are looking to make a merge to make a strong impact to the Indian online market. The e-commerce sites are gaining their grounds in India in the last few years and India is turning out to be a good online market.

Flipkart has almost made it official that is looking forward to acquiring LetsBuy.com. The buy will be around $20-30 million according to the reports, now with this merger Flipkart is hoping to make some space in the online arena and dominate the Indian e-commerce industry. So letsBuy something from Flipkart.